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Nov 27, 2012
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fiscal cliff a menacing term here. now we know we are just under 35 days away before we fall off that cliff. which could lead to deep spending cuts. want to bring in republican senator pat toomey from pennsylvania. he was a member of the deficit reduction super committee last year that failed to agree on a plan. but he's been talking about this issue for a long, long time. good morning, senator. >> good morning. >> we just learned that president obama will be traveling to your backyard on friday to talk about the fiscal cliff and spending, and traveling to pennsylvania right now. is this a welcome visit as far as you're earned? >> as far as i'm concerned the president of the united states is always welcome in my state of pennsylvania. we welcome the president and look forward to his message, and i have some questions i'd like to-ish i hope he addresses. >> what questions? >> first of all the president seems absolutely determined to inflict a tax increase on the american people. two years ago he signed a bill that exten
fiscal cliff a menacing term here. now we know we are just under 35 days away before we fall off that cliff. which could lead to deep spending cuts. want to bring in republican senator pat toomey from pennsylvania. he was a member of the deficit reduction super committee last year that failed to agree on a plan. but he's been talking about this issue for a long, long time. good morning, senator. >> good morning. >> we just learned that president obama will be traveling to your...
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Nov 28, 2012
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i believe that we should have been negotiations on the fiscal cliff. of course, that's two things. $500 billion tax increase of the 2001-2003 tax cuts lapse in, and the sequestration of spending restraint. sequestration is a good thing. you can massage it into devoted to saving $100 billion a year reducing the -- >> it's not a common republican 20 because of me a lot of defense cuts spent ahead of the of the conservative caucus, 60%, most conservative guys in the house jim jordan said the own thing worse than this request would be not to have savings. and you saw mitch mcconnell say we are not raising taxes to in the sequestered. so that people have drawn a line in the sand against the idea that we will spend all that -- >> let's try -- >> quickly from -- >> quickly from has to be a c-span. why? because only then would the president have to say, trying to consider what spending cuts what quick cbs hasn't done that. nbc hasn't done the. "washington post" hasn't in the. he is walking around campaigning. point of fact if you look at the savings in his bud
i believe that we should have been negotiations on the fiscal cliff. of course, that's two things. $500 billion tax increase of the 2001-2003 tax cuts lapse in, and the sequestration of spending restraint. sequestration is a good thing. you can massage it into devoted to saving $100 billion a year reducing the -- >> it's not a common republican 20 because of me a lot of defense cuts spent ahead of the of the conservative caucus, 60%, most conservative guys in the house jim jordan said the...
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Nov 25, 2012
11/12
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am i surprised we facing this fiscal cliff now? no, because we put it in. we created this cliff because we thought it will be so terrifying that congress would actually be shaken to reach a bipartisan agreement to reduce the debt. that's what our responsibility is and the time between now and the end of this year. >> i think congress is reflecting the nation. i think we are very divided. not in the goal, but how we get there, and i think america is too. i think that is reflected i think we now know that americans expect us to go forward, and we have no choice but to go forward. >> i think kay has made a very important point. one of the things that's troubled me about the analysis of congress is people act as if we're in a bubble and we just were self-generated. i mean, there are few people in this building that are here because they didn't get -- they should be doing self-criticism. it's exacerbated by one of the great inventions, creations of our humanity, which is the american constitution. at any given time america is governed by the results of three ele
am i surprised we facing this fiscal cliff now? no, because we put it in. we created this cliff because we thought it will be so terrifying that congress would actually be shaken to reach a bipartisan agreement to reduce the debt. that's what our responsibility is and the time between now and the end of this year. >> i think congress is reflecting the nation. i think we are very divided. not in the goal, but how we get there, and i think america is too. i think that is reflected i think...
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Nov 28, 2012
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. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >> it's going to sell that fiscal cliff. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff if it's between that and compromising their core principles? i was left with the impression that they would. illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must not go off the
. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >> it's going to sell that fiscal cliff. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff...
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Nov 28, 2012
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makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of tennessee. rice's harshest krit eks are still vowing to block her potential nomination as next secretary of state. >> i think everybody gets to, one, be nominated, and, two, go
makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to...
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Nov 27, 2012
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the fiscal cliff is a bluff. now, defaulting on the debt, that's something real. you could spark some global financial crisis. but the fiscal cliff, people are going to wake up january 2nd, 3rd, 4th, 5th, and nothing substantial will have changed. because these are cuts that are phased in, it'll take a long time for the withholding to start hitting people's paychecks, and even after withholding starts hitting people's paychecks, you're not going to see an immediate change in spending that would have some type of immediate and cataclysmic effect on the economy. what does immediately change is december you have the bush tax rates in effect. january, you have the clinton tax rates in effect. democrats are better off negotiating from the clinton rates and then they're saying, okay, look, here are the rates, we're going to bring this down, we're going to bring this down. we're going to leave these how they are. how would you like to vote for this? are you going to oppose this? and people didn't really vote for compromise necessarily this election. they overwhelmingly e
the fiscal cliff is a bluff. now, defaulting on the debt, that's something real. you could spark some global financial crisis. but the fiscal cliff, people are going to wake up january 2nd, 3rd, 4th, 5th, and nothing substantial will have changed. because these are cuts that are phased in, it'll take a long time for the withholding to start hitting people's paychecks, and even after withholding starts hitting people's paychecks, you're not going to see an immediate change in spending that would...
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Nov 27, 2012
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. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue behind closed doors. a democratic senator says his side is willing to discuss reform of medicare and medicaid. >> the math just doesn't work anymore. not because the programs are bad but because thank goodness we're living longer. >> republicans are signalling they're open to compromise but so far, they still oppose the president's idea to raise taxes on the wealthy. instead, republican leaders want to limit tax deductions and loopholes without an agreement. across-the-board tax hikes will take effect on january 1 without an agreement. here's a breakdown of what would happen. for households earning 20 to $40,000, the tax increase would be $1,200. for householder, 40 to $64,000, the tax hike would be $2,000. and with those incomes of $64,000 up to 6 figures, it would be a $3,500 tax increase. >>> it's
. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue behind closed doors. a democratic senator says his side is willing to discuss reform of medicare and medicaid. >> the math just doesn't work anymore. not because the programs are bad...
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Nov 21, 2012
11/12
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fiscal cliff, yes or no? do we go over it? if so, the consequences. >> we do not come by but not for the good reasons which i have heard you analyze. very little movement on tax rates next year. very little movement on spending generally a slight decrease. lou: no movement, are using the bush tax cuts will be allowed to expire? >> no. what i'm saying is that the bush tax cuts, but for a slight modification will persist in 2013. spending reductions, which were made by the forced sequester will not be made in the amount suggested and will be only modest, and it will be a reduction in spending it will be a modest reduction in the rate of increase in spending such the we will have a $1 trillion plus deficit next year. more of the same. lou: as always. >> thank you. lou: up next to illegal immigrants wants new privileges because, i hate to tell you, it looks like pandering is contagious. imagine that. and forget susan rice. not the plot -- the biggest problem with this administration we will demonstrate to you the gaping holes in t
fiscal cliff, yes or no? do we go over it? if so, the consequences. >> we do not come by but not for the good reasons which i have heard you analyze. very little movement on tax rates next year. very little movement on spending generally a slight decrease. lou: no movement, are using the bush tax cuts will be allowed to expire? >> no. what i'm saying is that the bush tax cuts, but for a slight modification will persist in 2013. spending reductions, which were made by the forced...
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. >>> back to the bargaining table, the fiscal cliff. many lawmakers are saying they're open to breaking their pledge. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized. >>> all that -- >> anthony for three. >> charlie rose co-hosting "cbs this morning" in the early am -- >> touchdown, carolina. >> carolina wins 30-22. >> and all that matters -- >> you and i have lived much different lives. i mean i think that is apparent. >> you are a white man. >> i am a -- >> cyber monday the biggest shopping day online ever. >> cyber monday which means i was drunk when i bought all that crap tuesday. captioning funded by cbs >>> welcome to "cbs this morning
. >>> back to the bargaining table, the fiscal cliff. many lawmakers are saying they're open to breaking their pledge. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest....
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can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. ts and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> "the new york times" has just listed "jack kennedy: elusive hero," my book, on the best-seller list. it's a big honor for the paperback edition. it's a great book of american heroism, the story of jack kennedy, who he was when he lived, who led us, and, of course, who inspired us. it's a perfect upbeat gift for yourself or someone who shares our love of history and american greatness. we'll be right back. >>> well, we're back. republicans have always mocked the president's experience as a community organizer. remember those laugh lines back in 2008 at the convention? here they are again. >> he worked as a community organizer. what? >> i guess a small town mayor is sort of like a community organizer except that you ha
can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. ts and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. >>> "the new york times" has just listed "jack kennedy: elusive hero," my book, on the best-seller list. it's a big honor for...
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Nov 26, 2012
11/12
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they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need to begin talking exactly the opposite of the way the federal government has worked so far. simply by starting with a budget on what we expect the income-tax to be instead of starting with what we would like to spend. that is backwards. you have to start with what you expect your income to be. host: here is what charlotte says on facebook. she says the tax rates are not creating any jobs, so stop talking out of both sides of your mouth, republicans. you can join that conversation on facebook. is with us from texas. caller:
they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need...
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Nov 26, 2012
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on this monday are this signs of a compromise as we head for the fiscal cliff? senator lindsay graham, one of the latest high-profile republicans that says he will break the longstanding pledge regarding taxes and says he will do it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". mo
on this monday are this signs of a compromise as we head for the fiscal cliff? senator lindsay graham, one of the latest high-profile republicans that says he will break the longstanding pledge regarding taxes and says he will do it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this....
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Nov 28, 2012
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it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to end after 9 years because they knew there would be huge deficits after that. >> this is not even serious. everybody agrees taxes are going up. taxes are going up on rich people period. the real question is how are you going to pull back on spending? we have a debt larger than our economy because of spending, specifically medicare spending. they are totally unwilling and unserious to even have the conversation. >> let's talk about that issue allen brought up. i had representative chris van hollen on here yesterday. what about slowly raising the age from the future. gett
it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to...
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Nov 27, 2012
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as we approach the fiscal cliff, democrats are ready to make those tough choices. i hope my republican freandzs, theespecially those who claim ty put mo claim before their pledge can say the same. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: yesterday i came to the floor to discuss what's known as the fiscal cliff, a mix of automatic tax hikes and defense cuts that are set to hit at the end of the year jeopardizing our security as well as our economy. my message was pretty simple. a solution is possible. republicans have been reasonable and president needs to lead. he is the only one who can get us to a solution. if that's what he wants, we'll succeed. so it was with some concern that i read this morning that the president plans to hit the road next week to drum up support for his own personal approach to the short- and long-term fiscal challenges we face. in other words, rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail, presumably with the same old ta
as we approach the fiscal cliff, democrats are ready to make those tough choices. i hope my republican freandzs, theespecially those who claim ty put mo claim before their pledge can say the same. mr. mcconnell: mr. president? the presiding officer: the republican leader. mr. mcconnell: yesterday i came to the floor to discuss what's known as the fiscal cliff, a mix of automatic tax hikes and defense cuts that are set to hit at the end of the year jeopardizing our security as well as our...
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Nov 21, 2012
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jon: the old fiscal cliff is still hanging out there. new perspective on the political implications. the risk for the president as well as democrats if lawmakers do not reach a deal. and it will cost you more to drive over to grandma's house for thanksgiving. plus, it is way beyond your control could make travel even more expensive. all coming up on "happening now." can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ]
jon: the old fiscal cliff is still hanging out there. new perspective on the political implications. the risk for the president as well as democrats if lawmakers do not reach a deal. and it will cost you more to drive over to grandma's house for thanksgiving. plus, it is way beyond your control could make travel even more expensive. all coming up on "happening now." can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to...
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Nov 28, 2012
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also dick durbin on fiscal cliff negotiations. political will host a discussion of the fiscal cliff with grow from norquist on c- span to add it o'clock a.m. eastern. i not o'clock a.m. eastern, tom foley and others look at lessons from the 1990 budget deal. the president of amtrak and a representative of the united transportation unit will speak about the operations aboutamtrak. >> washington went to harvard law school. at the urging of one of his brothers, he went to illinois. he of thrived after about eight months' journey by ship, state ge coach into a mining town. he boarded himself in a log cabin. he established a law practice. he worked his way up. he became a successful lawyer and got involved politically. he ran for congress and served eight terms. he befriended abraham lincoln from illinois and ulysses s. grant. as they were on the rise, washbourne was a close confidant during the civil war. after grant was elected president, he appointed washbourne secretary of state. washbourne became ill. his family feared for his lif
also dick durbin on fiscal cliff negotiations. political will host a discussion of the fiscal cliff with grow from norquist on c- span to add it o'clock a.m. eastern. i not o'clock a.m. eastern, tom foley and others look at lessons from the 1990 budget deal. the president of amtrak and a representative of the united transportation unit will speak about the operations aboutamtrak. >> washington went to harvard law school. at the urging of one of his brothers, he went to illinois. he of...
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Nov 27, 2012
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that fiscal cliff. and the president is certainly in fact-finding mode it seems. we've got 35 days to go before the new year. and that new year will bring with it more than $500 billion in tax cuts and spending cuts. mr. obama is in meetings with small business owners from across the country today. he is not, however, meeting with leaders of congress today. our dan lothian is watching the comings and goings at the white house. and at some point, dan, congress is going to have to either come together on this and work with the president on this, and yet we're seeing all these various different meetings all around the communities and the country. it looks like there's a particular strategy that's playing out when it comes to the president right now. >> reporter: that's right. a lot of negotiations have taken place in the staff -- on the staff level. the president himself did speak with speaker john boehner on the phone over the weekend. there was that meeting with the lawmakers, the leadership just before the president went overseas on his southeast asia trip. but so
that fiscal cliff. and the president is certainly in fact-finding mode it seems. we've got 35 days to go before the new year. and that new year will bring with it more than $500 billion in tax cuts and spending cuts. mr. obama is in meetings with small business owners from across the country today. he is not, however, meeting with leaders of congress today. our dan lothian is watching the comings and goings at the white house. and at some point, dan, congress is going to have to either come...
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Nov 26, 2012
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can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> the noshlts has just listed jack kennedy elusive hero moon the best-seller list. it's a big honor for the paperbook edition. it's a great book of american heroism, the story of jack kennedy, who he was when he lived, who led us, and, of course, who inspired us. it's a perfect upbeat gift for yourself or someone who shares our love of history and american greatness. we'll be right back. were a spac, zeebox would be an alien, first officer. just like an officer helps a captain explore the universe, zeebox helps you discover what shows are most popular, where the biggest buzz i
can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>>...
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." ♪ ♪ >> dana: congress 35 days to reach a deal and prevent the economy going over the fiscal cliff. no mystery what the issues are that must be reed. the democrats know, republicans know and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: bri
." ♪ ♪ >> dana: congress 35 days to reach a deal and prevent the economy going over the fiscal cliff. no mystery what the issues are that must be reed. the democrats know, republicans know and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the...
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but keep in mind, the wall street and main street had a strong start to the season, the fiscal cliff is closer as christmas draws near and buyers and businesses may get more worried holding on to their wallets in the shadow of that cliff, harris, back to you. >> brenda, thank you. brand new video after pretty nasty mall brawl from black friday. this was the scene shortly after midnight as shopping mall here sacramento, california, you've got to be kidding me. fists flying, here is why. apparently it was over women's underwear and an employee at the victoria's secret where the fighting began says it's the worse they've seen. >> and for like six years now and i've never seen a black friday in bad and some people got trampled out and on top of the bars and they had to come off the table. >> that must have been one heck of a sale. the store was cleared out and the man kept rolling despite the black eyes that were given on black friday and he says it doesn't surprise him. >> the wrong place at the right time. >> does your opinion of black friday change after all of this. >> not so much. i
but keep in mind, the wall street and main street had a strong start to the season, the fiscal cliff is closer as christmas draws near and buyers and businesses may get more worried holding on to their wallets in the shadow of that cliff, harris, back to you. >> brenda, thank you. brand new video after pretty nasty mall brawl from black friday. this was the scene shortly after midnight as shopping mall here sacramento, california, you've got to be kidding me. fists flying, here is why....
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economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is going to be such a steep tax increase on the middle class that it could affect consumer spending at the holidays. that is 20% of total retail consumer demand for the year. that would have a bad effect on the economy. republicans have already agreed to increase taxes on the wealthy. when you heard senator gram and others say they're willing to cap deductions and close loopholes. they're willing to find new revenues we know taxes on the wealthy are going up. what we're talking about is an increase in rates. republicans
economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white...
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Nov 26, 2012
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or what fiscal cliff, grover? how about your welsh cakes are burning, burning, ann? the possiblilities are endless. let us know your opinion. your good toois and good humor are always appreciated. >>> next, grover may never come over. is he a man or is he a muppet? stay with us. >> would you share your 2350d with someone? >> yes. >> but that would create a culture of dependency. >> they don't have any food, i will give it to them. >> you're taking away their motivation to earn that food for themselves. did you not read that copy of atlas shrug i loaned you? wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. try this... bayer? this isn't just a headache. trust me, this is n
or what fiscal cliff, grover? how about your welsh cakes are burning, burning, ann? the possiblilities are endless. let us know your opinion. your good toois and good humor are always appreciated. >>> next, grover may never come over. is he a man or is he a muppet? stay with us. >> would you share your 2350d with someone? >> yes. >> but that would create a culture of dependency. >> they don't have any food, i will give it to them. >> you're taking away...
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can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. >>> "the new york times" has just listed "jack kennedy: elusive hero," my book, on the best-seller list. it's a big honor for the paperback edition. it's a great book of american heroism, the story of jack kennedy, who he was when he lived, who led us, and, of course, who inspired us. it's a perfect upbeat gift for yourself or someone who shares our love of history and american greatness. we'll be right back. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enou
can he put this ground game to work to fight the fiscal cliff? the "hardball" story on that one is coming up right now, the place for politics. >>> "the new york times" has just listed "jack kennedy: elusive hero," my book, on the best-seller list. it's a big honor for the paperback edition. it's a great book of american heroism, the story of jack kennedy, who he was when he lived, who led us, and, of course, who inspired us. it's a perfect upbeat gift for...
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Nov 26, 2012
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and just 35 days left until we reach the fiscal cliff. a lame duck congress heads back to capitol hill beginning this afternoon. we're seeing a hint of compromise in the air. several key republican senators signaling that they are willing to consider breaking their no tax vows to get a budget plan passed. according to a new cnn/orc poll, that's exactly what you want to hear. 67% say a mix of tax hikes and spending cuts is the best way to avoid a fiscal cliff crisis. cnn political editor paul steinhauser, he is live in washington for us this morning. nice to see you, paul. so falling off the fiscal cliff means severe spending cuts and tax hikes, automatically kick in. so how worried are most americans? i understand you have some numbers for us. >> i do have more numbers from that new cnn/orc national poll. americans are concerned about how it will affect them directly. almost four in ten said if the country falls off the fiscal cliff they will be impacted a great deal. or somewhat. look at this. another four in ten say somewhat. only about
and just 35 days left until we reach the fiscal cliff. a lame duck congress heads back to capitol hill beginning this afternoon. we're seeing a hint of compromise in the air. several key republican senators signaling that they are willing to consider breaking their no tax vows to get a budget plan passed. according to a new cnn/orc poll, that's exactly what you want to hear. 67% say a mix of tax hikes and spending cuts is the best way to avoid a fiscal cliff crisis. cnn political editor paul...
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Nov 27, 2012
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. >> holiday cheer and fiscal cliff fears. >> of course, we're talking about the -- >> fiscal cliff. >> it does cause uncertainty. >> there's a great uncertainty. >> there's always uncertainty. life is uncertain. >> i think it's more of a slope. republicans possibly maybe -- >> growing number of republicans. >> looking to make a deal. >> and they would like one pretty quick. >> some top republicans suggest they could shock horror. >> the mythical grover norquist. >> break with their sacred pledge. >> to grover norquist. ♪ another one bites the dust >> nobody's turning on me. >> i'm not obligated on the pledge. >> nobody's turning on me. >> it is not about that pledge. >> nobody's turning on me. >> it really is about trying to solve problems. >> i'm sorry, that's just silly. >> grover norquist is not jesus. >> he can't burn down your house. >> we would highlight whose kept their commitment. >> this guy's a political lone shark. >> nobody's turning on me. >> i will violate the pledge. >> nobody's turning on me. ♪ >> with 36 days until the curve, republicans on fox news say their pa
. >> holiday cheer and fiscal cliff fears. >> of course, we're talking about the -- >> fiscal cliff. >> it does cause uncertainty. >> there's a great uncertainty. >> there's always uncertainty. life is uncertain. >> i think it's more of a slope. republicans possibly maybe -- >> growing number of republicans. >> looking to make a deal. >> and they would like one pretty quick. >> some top republicans suggest they could shock...
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Nov 23, 2012
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. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes affect, it will cut an estimated $2.5 billion from the national institutes of health. dr. civin and researchers like him depend on grants from the institutes for funding. >> it's tough enough to cure cancer. tough battle. going to take a long time. to cut the funding, to have unevenness, to take a project all the way, and then say, "well, we can't scale this up the way we should, or even maintain it the way we should?" how can we do that. and it's not good for us. >> reporter: dr. civin says labs across the country may have to lay people off if their grants are defunde
. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes...
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Nov 22, 2012
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they've introduced a plan to put off the fiscal cliff deadline. according to senator alexander, the plan simply pushes the pause button on all elements of the fiscal cliff, extends everything for a year, and then gives us six months in which to reform entitlements and reform taxes and reduce the debt. are you kidding me?! push the pause button? we already pushed the pause button in 2011. these representatives were sent back to washington to get something done now. in fact, pushing the pause button could destroy america's credit rating and further harm the economy. mark zandi, chief economist at moody's analytics says, "if we can kick the can, at some point moody's is going to downgrade. you're going to create more instability in the financial markets." zandi said it would be better to do nothing than to create an extension. republicans and some centrist democrats are definitely not getting the message. when the president won re-election, he said his number one priority is to reach an economic deal by reaching across both sides of the aisle. >> i w
they've introduced a plan to put off the fiscal cliff deadline. according to senator alexander, the plan simply pushes the pause button on all elements of the fiscal cliff, extends everything for a year, and then gives us six months in which to reform entitlements and reform taxes and reduce the debt. are you kidding me?! push the pause button? we already pushed the pause button in 2011. these representatives were sent back to washington to get something done now. in fact, pushing the pause...
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Nov 24, 2012
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beware the fiscal cliff. you will hear this at the thanksgiving dinner table. when someone inevitably brings up the fiscal cliff and how our sky rocketing deficit is a huge danger to us, do not crawl under the table. do not give up on thanksgiving. help your giant uncle understand that what he is freaking out about is not true. it is easy. there are visual aids that might help. look. first of all, the amount of money borrowed by the government has been going down, not up. it has been going down. our own steve bennett made you this chart. the red bar is the deficit in '09 when president obama took office, and inherited the big deficit from president bush. over the next three years president obama cut the deficit. he cut it by $200 billion just from last year to this year. so the deficit isn't growing. it's shrinking by a lot. seriously the folks at investor's business daily calculated that the deficit is falling faster than at any time since the end of the second world war. the deficit is falling so fast it might not be able to fall any faster without sending us
beware the fiscal cliff. you will hear this at the thanksgiving dinner table. when someone inevitably brings up the fiscal cliff and how our sky rocketing deficit is a huge danger to us, do not crawl under the table. do not give up on thanksgiving. help your giant uncle understand that what he is freaking out about is not true. it is easy. there are visual aids that might help. look. first of all, the amount of money borrowed by the government has been going down, not up. it has been going...
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Nov 21, 2012
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. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry
. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd...
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do you believe a deal can and will be reached before this fiscal cliff? >> i do believe a deal can be reached, and the basisser that agreemenbase basis of that agreement has to be revenues and cuts. we've done a trillion dollars in cuts as part of the control act. the president has additional cuts. he's got more healthcare cuts than simpson-bowles proposed. he doesn't do it by transferring -- martha: that deal did not go through. do you expect the president will sit down with leadership this week to discuss this and take a leadership role in this fight? >> the president is taking a leadership role in this fight. i think people need to sit down as they have looked for ways to find progress. as you know the president already had the congressional leaders to the white house a little while back. people are pursuing different ideas right now to try to make -- to try and prevent us from going over the fiscal cliff, and the president has laid out a very clear map, road map for how we do that. martha: all right we walked right up to it in the grand bargain and th
do you believe a deal can and will be reached before this fiscal cliff? >> i do believe a deal can be reached, and the basisser that agreemenbase basis of that agreement has to be revenues and cuts. we've done a trillion dollars in cuts as part of the control act. the president has additional cuts. he's got more healthcare cuts than simpson-bowles proposed. he doesn't do it by transferring -- martha: that deal did not go through. do you expect the president will sit down with leadership...
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Nov 25, 2012
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the fiscal cliff will affect many. how does it look different if you're at the edge of that cliff and you're a woman? with the recession having a disparity affect on women, the fiscal cliff can't look much better. economic security is nong lower guarantee for women and their families. 26 million women have trouble paying for food. 46 million women have trouble paying for health care. 32 million women have trouble paying their rent. 65 million women are unable to save for the future. on to those numbers, the realities of ee quest ration or cutbacks is because lawmakers don't come to an agreement before the end of the year. if a deal is not reached, it's not just the defense budget, no. domestic programs will be impacted as well. with $500 billion in cuts, some of those are the very programs that disproportionately impact women and their families. it includes 2300 national health research grants. almost 100,000 kids losing headstart services and 80,000 losing child care assistance. add medicaid cuts and which may have to
the fiscal cliff will affect many. how does it look different if you're at the edge of that cliff and you're a woman? with the recession having a disparity affect on women, the fiscal cliff can't look much better. economic security is nong lower guarantee for women and their families. 26 million women have trouble paying for food. 46 million women have trouble paying for health care. 32 million women have trouble paying their rent. 65 million women are unable to save for the future. on to those...
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>>shepard: the president will make a public pitch on his plans for dealing with the fiscal cliff. according to the white house the president will make a campaign style appearance on friday at the toy manufacturing plant in pennsylvania. republicans and democrats are working to avoid going over the cliff. the popular term for the combination of spending cuts and tax cut eliminations set to hit at the start of the new year. the president has been pushing congress to preserve the bush era tax rates for the middle class but let them expire for american whose make more than $250,000 a year. republicans have called for democrats to agree to serious cuts in entitlements and a number of g.o.p. lawmakers have said they are ready to put new revenue on the table. mostly through lowing loopholes. and now from capitol hill, the solution needs to "all of the above approach." >>guest: two former republican congressman wrote in the "wall street journal" when you consider all the federal government liabilities, our debt is more like $8.6 trillion every day you have the baby boomers retiring and me
>>shepard: the president will make a public pitch on his plans for dealing with the fiscal cliff. according to the white house the president will make a campaign style appearance on friday at the toy manufacturing plant in pennsylvania. republicans and democrats are working to avoid going over the cliff. the popular term for the combination of spending cuts and tax cut eliminations set to hit at the start of the new year. the president has been pushing congress to preserve the bush era...
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Nov 27, 2012
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who's right on the fiscal cliff right now? >> well, i think that -- >> steven gilfoil. >> the consumer isn't paying that much attention to this. the regular american doesn't watch the financial news. he isn't reading the kinds of papers we read. and he's less concerned with this. >> should they be? >> they probably should be, but investors are more concerned with corporate news, with macroeconomic news. the senator made a statement today. you would expect some kind of posturing this week. we're still 30 days out or so. they don't really have to cut a deal yet. they have to look like they're fighting for what they want to fight for, yet please the constituents. they're probably going to put that off for a couple weeks. >> it's the other way around. washington should be paying attention to the consumer and realize how much is the stake here. when you look at the consumer confidence levels able to hold up. when you look at the retail sales numbers pensimentioned by and the idea we've stabilized when it comes to capital spending,
who's right on the fiscal cliff right now? >> well, i think that -- >> steven gilfoil. >> the consumer isn't paying that much attention to this. the regular american doesn't watch the financial news. he isn't reading the kinds of papers we read. and he's less concerned with this. >> should they be? >> they probably should be, but investors are more concerned with corporate news, with macroeconomic news. the senator made a statement today. you would expect some kind...
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you've been talking about the fiscal cliff. the high-level negotiations ramping up as both sides of the aisle trying to reach some kind of deal before your taxes go up january 1st. and they will go up if there's no deal. we're going to talk to the people at the center of the discussions right now. pennsylvania senator pat toomey. maryland congressman chris van hollen. they were on the super committee that failed to reach a deal a year ago. and utah senator mike lee. plus u.n. ambassador susan rice meeting with three of her sharpest critics today on capitol hill to explain her description of the benghazi attack. could this remove the opposition to her possible cabinet nomination? could that be pommes coming as early as this week? and i hear we have a special guest coming. n nascar's danica patrick is going from the racetrack to the virtual world of video games. danica patrick is going to be here. >> i'd like to race in her car. >> yeah, yeah. >> can you pull that off for me? >> i'll see what i can do. i'll put in a good word for
you've been talking about the fiscal cliff. the high-level negotiations ramping up as both sides of the aisle trying to reach some kind of deal before your taxes go up january 1st. and they will go up if there's no deal. we're going to talk to the people at the center of the discussions right now. pennsylvania senator pat toomey. maryland congressman chris van hollen. they were on the super committee that failed to reach a deal a year ago. and utah senator mike lee. plus u.n. ambassador susan...
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. >> what fiscal cliff, right now we're up by 12% from our 12 month low. in terms of a month long average that is pretty good, investors are not as frightened as they were some days ago regarding possibility of higher taxes, for capital gains and dividend. lou: they are still in prospect, all of it is. we have folks introducing bills to defer the whole thing for a year now. and the president is making nice, he is talking with ceos, seeming leally almost every othr day. >> market thinks we have a kinder and gently barack obama, who knows that might be correct. but who knows, business sales show no signs of improving sig 1/2 cannily, we'll issue watching what happenshis week into start of the holiday shopping scene very closely. lou: at wha point do we just acknowledge we're sort of you know bumbling along, economically, that the markets are outperforming the economy. and if we look at this right now, there is a project here that from index of leading economic an kate or to market's behavior that says we have good things in store here 6 months down the road.
. >> what fiscal cliff, right now we're up by 12% from our 12 month low. in terms of a month long average that is pretty good, investors are not as frightened as they were some days ago regarding possibility of higher taxes, for capital gains and dividend. lou: they are still in prospect, all of it is. we have folks introducing bills to defer the whole thing for a year now. and the president is making nice, he is talking with ceos, seeming leally almost every othr day. >> market...
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that's how long we have to get this fiscal cliff situation. are democrats going to hold their spine and stand up to republicans on this? there's a lot of anxiety on the left about this. >> i think there is. while i think the president, if he could get it, would like to have a big deal before christmas. i think it's doubtful it will happen. i think the john boehner op-ed shows you why. boehner is still guarding his right flank. everything he does, he's still trying to give gimmes to the republican base. we can say all we want -- the republican operatives want to change the party. but the base of the party is still there. they still exist. the tea party base. not only are they still there, 87 are still in the lame duck congress. you see boehner regarding his speakership into december. i would say we get past december 31st, get to january 3rd, reorganize the congress and then they make a deal. >> let's hope that's right. thank you for joining us. have a great thanksgiving. >> you, too. >>> next, the presidential pardon. stay with us. >> now, i jo
that's how long we have to get this fiscal cliff situation. are democrats going to hold their spine and stand up to republicans on this? there's a lot of anxiety on the left about this. >> i think there is. while i think the president, if he could get it, would like to have a big deal before christmas. i think it's doubtful it will happen. i think the john boehner op-ed shows you why. boehner is still guarding his right flank. everything he does, he's still trying to give gimmes to the...
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are there any republicans who are willing to go over the fiscal cliff rather than cave to the president's demands for higher taxes? >> i think the only people you've heard willing to go fiscal cliff, senator patty murray said that because they have one intended purpose is to raise tax rates. if you raise the top two tax brackets you are only getting $85 billion in additional revenue annually. that only takes care the debt for ten days. it will service the federal government for 21 days. so this is gimmick. we need to be able to articulate that. we need to listen to the federation of independent businesses that we protect them so we can production and manufacturing once again and economic growth. >> alan west, i sure appreciate it. next, why does al gore want to get his hands on the video of a fire tornado. the man explains why, he won't give it up coming up. >>> you may have seen this stunning of a fire nado by independent videographer. this also caught the eye of pal al gore and protector of the planet and his office has been putting to license on the footage to put their baseless global
are there any republicans who are willing to go over the fiscal cliff rather than cave to the president's demands for higher taxes? >> i think the only people you've heard willing to go fiscal cliff, senator patty murray said that because they have one intended purpose is to raise tax rates. if you raise the top two tax brackets you are only getting $85 billion in additional revenue annually. that only takes care the debt for ten days. it will service the federal government for 21 days....
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Nov 26, 2012
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talking about the fiscal cliff. everyone comes back to work . wonder if they will get to work and cut the deals. republicans made it clear they are willing to budge when it comes to the 20 year pledge not to raise taxes that glover norquist had everyone sign before they took office. >> steve: grover norquist has hundreds of republicans to do that. clearly with the fiscal cliff comment and automatic spending cuts and taxes go up on everybody. something has to be done. the feeling is that it will happen two now. republicans have beenadament and said we can't raise taxes on anybody. and glover norquist said as long as you don't raise tax rates that is okay. and lindsay graham on that. >> i agree we shouldn't raise rates but i think grover is wrong to cap and buy down debt. what do you do with the money and i will violate the pledge for the good of the country only if the democrats do entitlement reform. >> gretchen: i think the pledge thing is good and bad. if you are a republican and believe that raising taxes is the wrong they think that and fine
talking about the fiscal cliff. everyone comes back to work . wonder if they will get to work and cut the deals. republicans made it clear they are willing to budge when it comes to the 20 year pledge not to raise taxes that glover norquist had everyone sign before they took office. >> steve: grover norquist has hundreds of republicans to do that. clearly with the fiscal cliff comment and automatic spending cuts and taxes go up on everybody. something has to be done. the feeling is that...
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companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here is why. the contention that rich people will stop hiring is nonsense. we already know that more than a million americans to employ people and paying there taxes through there individual income-tax. according to the heritage foundation, the amount their taxes would rise would be equivalent to one employee salary. one person there would not hire. we will what is more, rinsed and young says these tax hikes would kill 710,000 jobs. buffett also says that rich people will stop investing. again, nonsense. when you tax something usually get less of it,
companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here...
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Nov 29, 2012
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jim was talking about a lot of specifics here, and we talk about the fiscal cliff. in some ways this is really a lot about symbolism and more for us, i think, than the two of them. can you describe what you think it means? >> sure. well, let me start by just saying across the street from where i'm at at rice, george herbert walker bush has been in the hospital, and we wish him a speedy recovery from his illness. it's an example of how you can form a friendship at these meetings. bill clinton had beat the sitting president, george herber walker bush, and they met similar to the way romney and obama are now, and now clinton and 41 are dear, close friends and have done many constructive things together around the world. i think, by and large, these meetings, the luncheon today, will be about optics. it's the photo ops. it's a chance to say america is united. there may be an opportunity here for mitt romney to come out and talk about the fiscal cliff or saying we must avoid falling off it towards something that could be helpful to the white house in the end. i remember
jim was talking about a lot of specifics here, and we talk about the fiscal cliff. in some ways this is really a lot about symbolism and more for us, i think, than the two of them. can you describe what you think it means? >> sure. well, let me start by just saying across the street from where i'm at at rice, george herbert walker bush has been in the hospital, and we wish him a speedy recovery from his illness. it's an example of how you can form a friendship at these meetings. bill...
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Nov 23, 2012
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why are you so he enamored of fiscal cliff? >> i don't think that $3,500 hit to the average family is going to happen. i think there will be a deal struck here, each side is going to have to give a little bit. my take on the fiscal cliff is the notion that is definitely in everybody's had affecting holiday spending but becoming its don't issue. we are blowing it up -- is like the debt ceiling talks we had last year. these all became issues because we made some issues. net net is no good long-term effects for the economy. gerri: you picked up something interesting out of ben bernanke at statement about banks being too tight with their lending. what did you make of that? >> it is very interesting because ben bernanke is talking about the unwillingness of banks to lend more noncredit were the people and the problem i have with that is banks are having to do that because ben bernanke has killed the bank model and if you look back at banks and how they make money they borrow on the short end meaning they borrow at the low end of int
why are you so he enamored of fiscal cliff? >> i don't think that $3,500 hit to the average family is going to happen. i think there will be a deal struck here, each side is going to have to give a little bit. my take on the fiscal cliff is the notion that is definitely in everybody's had affecting holiday spending but becoming its don't issue. we are blowing it up -- is like the debt ceiling talks we had last year. these all became issues because we made some issues. net net is no good...
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our disconnected as you are trying to find a way to an agreement on the so-called fiscal cliff? how were these two things connected? >> went at it this way. how is the leader of the majority of feel good about the election are kept my majority in the senate. the president was reelected. the first thing on my agenda with the how can i reach out to the minority? we've got big issues that cannot be solved on a bipartisan basis. how can i be building bipartisan confidence going into these huge issues that we have before us. the last thing on my list would've been destroyed bomb into the senate, have it blow up and have everybody mad as heck. i am just perplexed about the judgment on display here, blowing up the senate at a time of the election is behind us. we won't have another one for two years. let's bring everybody together and try to solve the problems. but that's a decision apparently he's made for the moment and will have to live with the consequences. of course, we want to get an outcome and we know the only way we can solve our long-term debt and deficit problem is to fix a
our disconnected as you are trying to find a way to an agreement on the so-called fiscal cliff? how were these two things connected? >> went at it this way. how is the leader of the majority of feel good about the election are kept my majority in the senate. the president was reelected. the first thing on my agenda with the how can i reach out to the minority? we've got big issues that cannot be solved on a bipartisan basis. how can i be building bipartisan confidence going into these...